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Industry data: TRI HotStats – monthly European hotel figures

06 June 2007 by
Industry data: TRI HotStats – monthly European hotel figures

Moscow hotels were the most profitable in March 2007 of the 10 European cities listed in the monthly Europe HotStats survey from TRI, despite having the lowest occupancy level after Prague.

Income before fixed income per available room (IBFCpar) averaged €152.44 in Moscow, ahead of London's €122.86.

Although London hotels achieved a higher revenue per available room (€164.16 compared with Moscow's €147.31), the Russian hotels scored in terms of average room rate which soared by 31.1% to €225.44 against the €196.04 achieved in the UK capital.

Moscow also benefits from the lowest payroll costs as a percentage of revenue - just 18.1% against 25.4% in London, which has the third lowest wage costs.

Budapest was the least profitable city for hotels in the survey, with an IBFCpar of just €26.51 during March that was nearly 17% lower than in the same month of 2006.

The figures are compiled each month by Tri Hospitality Consulting.

MARCH 2007

Amsterdam20072006Movement
Occupancy83.8%80.9%+2.9 points
Room rate€159.09€148.33+7.3%
Revpar€133.30€119.93+11.1%
Payroll %29.9%32%-2.1 points
IBFCpar€79.99€67.24+19%
Berlin20072006Movement
Occupancy69%67.6%+1.5 points
Room rate€156.39€140.67+11.2%
Revpar€107.96€95.02+13.6%
Payroll %29.7%29.4%+0.3 points
IBFCpar€61.44€52.71+16.6%
Budapest20072006Movement
Occupancy64.2%64.5%-0.3 points
Room rate€92.57€90.59+2.2%
Revpar€59.45€58.46+1.7%
Payroll %34.8%30.6%+4.3 points
IBFCpar€26.51€31.88-16.8%
Hamburg20072006Movement
Occupancy73.7%77.4%-3.8 points
Room rate€107.62€112.70-4.5%
Revpar€79.26€87.27-9.2%
Payroll %28.8%28.2%+0.6 points
IBFCpar€45.93€52.71-12.9%
London20072006Movement
Occupancy83.7%84.3%-0.5 points
Room rate€196.04€175.96+11.4%
Revpar€164.16€148.31+10.7%
Payroll %25.4%25.3%+0.1 points
IBFCpar€122.86€104.74+17.3%
Moscow20072006Movement
Occupancy65.4%72%-6.7 points
Room rate€225.44€172.02+31.1%
Revpar€147.31€123.90+18.9%
Payroll %18.1%17.3%+0.8 points
IBFCpar€152.44€138.70+9.9%
Munich20072006Movement
Occupancy75.1%74.9%+0.1 points
Room rate€109.42€100.70+8.7%
Revpar€82.12€75.43+8.9%
Payroll %30.3%30.5%-0.2 points
IBFCpar€47.91€36.42+31.5%
Paris20072006Movement
Occupancy78.3%75.1%+3.2 points
Room rate€187.31€183.30+2.2%
Revpar€146.64€137.66+6.5%
Payroll %36.9%38%-1.1 points
IBFCpar€81.55€69.87+16.7%
Prague20072006Movement
Occupancy67.2%67.7%-0.5 points
Room rate€105.47€107.37-1.8%
Revpar€70.91€72.73-2.5%
Payroll %24.4%25.4%-1 point
IBFCpar€48.28€49.76-3%
Vienna20072006Movement
Occupancy71.9%69.1%+2.8 points
Room rate€149.87€146.65+2.2%
Revpar€107.77€101.36+6.3%
Payroll %40.7%40.4%+0.2 points
IBFCpar€47.82€47.01+1.7%
View the figures for February 2007 here >> ](http://www.caterersearch.com/Articles/2007/04/19/313253/tri-hotstats-monthly-european-hotel-figures.html)[View the figures for January 2007 here >> ](http://www.caterersearch.com/Articles/2007/04/24/313285/tri-hotstats-monthly-european-hotel-figures.html ) [View the figures for December 2006 here >> ](http://www.caterersearch.com/Articles/2007/02/16/311610/tri-hotstats-monthly-european-hotel-figures.htm)[View the figures for December 2005 here >>Definition of termsOccupancy is that proportion of the bedrooms available during the period which are occupied during the period. Room rate is the total bedroom revenue for the period divided by the total bedrooms occupied during the period. Revpar is the total bedroom revenue for the period divided by the total available rooms during the period Payroll % is the payroll for all hotels in the sample as a percentage of total revenue IBFCpar is the Income Before Fixed Charges shown per available room
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